But business groups warn that new rules could "kill" the fledgling sector – and make it harder for Swedish startups to get capital. Because crowdfunding companies are less heavily regulated than banks it has enabled them to fill some of the gap. But we should ensure that the rules are clear and straightforward and that people know what they can expect. Finance Markets Minister Per Bolund said on Thursday that he wanted the review to stop “unserious” companies. Crowdfunding has grown partly in response to banks’ inability to lend to small businesses, particularly as regulations tightened following the 2008 financial crisis.

Source: The Local July 28, 2016 15:22 UTC